What fees are associated with using specific hardware or proprietary software required by Crisp & Green?
Crisp_Green Franchise · 2024 FDDAnswer from 2024 FDD Document
peration in compliance with our standards within nine (9) months after the Effective Date, unless you have received an approved extension, we may terminate this Agreement.
- 6.03 Technology Fee. You agree that you will pay fees to us, our Affiliates and/or our approved suppliers for technology services. You agree that you will pay us our thencurrent "Technology Fee" on or before the first business day of each calendar month. In exchange for the Technology Fee, we will provide you with one (1) email address. We will also provide you with access to certain other technology products in our sole discretion, which may include a store-specific webpage, digital menu board services, and restaurant operations software. We have the right to increase this fee no more frequently than annually.
- 6.04 Crisp & Go Location Fee. If you elect to and are approved to operate a Crisp & Go Location, you agree to pay us a Crisp & Go Location fee of Five Thousand Dollars ($5,000). Payment of the Crisp & Go Location fee is due upon our approval of you to operate a Crisp & Go Location. The Crisp & Go Location fee is fully earned by us upon payment and is non-refundable.
- 6.05 Interest On Late Payments; Late Fee. A late fee of $50 will be imposed upon you for each instance in which you fail to pay any amount owed to us when due. All amounts which you owe us or any of our Affiliates, shall bear interest after their due date at the highest contract rate of interest permitted by law, not to exceed one and one-half percent (1.5%) per month. However, your failure to pay all amounts when due constitutes grounds for termination of this Agreement, as provided in Section 14.
- 6.06 Automatic Clearing House Agreement. You agree, at our request, to sign an electronic payment authorization agreement in a form we or your bank prescribe that authorizes us to automatically debit your bank account, on the dates payments are due, for any royalty fees, marketing fees, technology fees, rents and other amounts due and owing under this Agreement and any other agreements between you and us. You agree to reimburse us within five (5) days for any and all actual expenses or costs incurred if the debit is not successful due to your failure to have sufficient funds available.
7. RESTRICTIVE COVENANTS.
- 7.01 Confidential Information.
Source: Item 23 — RECEIPTS (FDD pages 66–252)
What This Means (2024 FDD)
According to the 2024 Crisp & Green Franchise Disclosure Document, franchisees are required to pay a Technology Fee for technology services provided by Crisp & Green, its affiliates, or approved suppliers. This Technology Fee is due on the first business day of each calendar month. In exchange for the Technology Fee, Crisp & Green will provide one email address and access to other technology products at their discretion, such as a store-specific webpage, digital menu board services, and restaurant operations software. Crisp & Green has the right to increase this fee no more than annually.
In addition to the Technology Fee, Crisp & Green franchisees are responsible for the costs associated with using the system and equipment required for processing credit cards. Franchisees must also comply with the Payment Card Industry (PCI) Data Security Standards and other security standards related to customer credit card and debit card information.
If a franchisee is approved to operate a Crisp & Go Location, they must pay a $5,000 Crisp & Go Location fee upon approval. This fee is non-refundable and is fully earned by Crisp & Green upon payment. Furthermore, Crisp & Green may request that franchisees sign an electronic payment authorization agreement to automatically debit their bank account for royalty fees, marketing fees, technology fees, rents, and other amounts owed under the Franchise Agreement.